The post whore thread.

[buffalobo]

That sounds like something my 3 year old niece would say...

See post above, irrational fear of flying, your nice would probably be braver.

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[HoneyBadger]

See post above, irrational fear of flying, your nice would probably be braver.

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I'm glad your over it. Or at the very least, done with it.

[HoneyBadger]

And I'm glad you didn't die while surfing the internet on your phone and driving over 100mph in the middle of the night in the middle of Alabama.

[buffalobo]

And I'm glad you didn't die while surfing the internet on your phone and driving over 100mph in the middle of the night in the middle of Alabama.

Don't forget listening to loud rock music from the 80's.

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[buffalobo]

After a week of intense, stressful(condensed 3 week course into 1 week) training, I had to twist off and alcohol was not an option.

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[Irving]

HB, did you read where he does the math showing the difference in earnings compared to the taxes paid? I particularly liked the part about funding a traditional IRA, then transferring it to a Roth later, but I don't know if those specific circumstances would ever come up in my life. I like the idea of funding both, and as he initially points out, the most important part is funding at all, and much less w which path you chose.

Interesting that you didn't have a great experience with the TSP's. Nice to bounce ideas off of someone who is active in real markets. There is a link to some management tool on there as well, but I didn't post it.

[brutal]

Lobo, you do realize you had a million % greater chance of dying in that car while texting at triple digits than of crashing in the airplane and getting more than a scratch or bruise?

[HoneyBadger]

HB, did you read where he does the math showing the difference in earnings compared to the taxes paid? I particularly liked the part about funding a traditional IRA, then transferring it to a Roth later, but I don't know if those specific circumstances would ever come up in my life. I like the idea of funding both, and as he initially points out, the most important part is funding at all, and much less w which path you chose.

Interesting that you didn't have a great experience with the TSP's. Nice to bounce ideas off of someone who is active in real markets. There is a link to some management tool on there as well, but I didn't post it.

Yeah I read that and his math is sound, but if the money is going to be there for 30 years or more (which is the case for both of us at this point, because we're both at least 30 years away from 59.5) it almost always makes more sense to do a Roth, primarily because of the tax free growth. If you max your contributions to your and Mrs Irving's IRAs every year for 30 years, using the unimpressive 7% figure above, you will have basically made more than $700k in absolutely 100% tax-free income.

If you max your Roth and have money left over, then by all means, put it in good mutual funds outside of your IRA and let it grow alongside your retirement, but without the tax advantages. Alternatively, this is a perfect time to really diversify your portfolio in real estate or other types of investments.


If I'm wrong about any of this, please stop me, but I am 98% confident in my conclusions. If I am screwing up the math, or reading the tax law wrong, stop me now! -I am relying on these things for my future! hahaha

*As always, don't ever trust investing advice from a friend without doing your own thorough research.*

[Great-Kazoo]

At work, it's 0830 and still foggy. Wasn't it always supposed to be sunny in Foco?

48-60 temps were "predicted"

[Great-Kazoo]

Lobo, you do realize you had a million % greater chance of dying in that car while texting at triple digits than of crashing in the airplane and getting more than a scratch or bruise?

SISSYS.

sounds like a man card revocation